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Dec 28, 2012
12/12
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cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23 pakistani policemen who appear to have been kidnapped by the taliban. they went missing thursday. two northwest posts were -- two policemen were also killed at that time. melissa mollet, news 4. >>> thank you so much. the army general who helped force saddam hussein out of kuwait died. norman schwarzkopf died of complication frs pneumonia. stormin' norman execute theed the first gulf war. a friend of his said schwarzkopf was in love with america and was possessed by a sense of duty. >> i think america suffered a tremendous loss with the loss of a great patriot. >> schwarzkopf retired from the army in 1991 and led a qui
cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23...
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Dec 26, 2012
12/12
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cliff. the president and the first lady spent part of christmas visiting troops at the marine base in honolulu. the president will be back in d.c. tomorrow morning. lawmakers have less than a week to agree on now to avert cuts. >>> starbucks is hoping a few keywords will encourage republicans and democratses to reach a deal to avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly sweater -- to return that ugly sweater from aunt imagine, today may not be the best -- day. >>> good morning. more signs of recovery in the housing market numbers show home prices climbed in the 12 months through october by the most in more than two years more than 4% gain if you look on the month-to-month increase, san francisco coming in number five, las vegas had the biggest monthly gain. christmas is over, let the returns begin. if you received any gifts you don't want, you might want to wait a few days to return
cliff. the president and the first lady spent part of christmas visiting troops at the marine base in honolulu. the president will be back in d.c. tomorrow morning. lawmakers have less than a week to agree on now to avert cuts. >>> starbucks is hoping a few keywords will encourage republicans and democratses to reach a deal to avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly...
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Jan 1, 2013
01/13
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as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city hospital. doctors say she's making excellent progress. we're going to have the very latest on the secretary of state's condition. >>> welcome back to "early start" i'm ali velshi. >> christine romans. >> and i'm john berman. we're having a great time here. there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after
as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city...
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Dec 28, 2012
12/12
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deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700 less a year. it continues as the wages increase. so people are going to feel this in their pocketbooks. >> all right, danielle, thank you. >>> last night on the rachel maddow s
deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire...
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Dec 26, 2012
12/12
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south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city center. it left lots of damage in its wa wake, blowing out first and second floor windows at the medical center and the roof at the high school. there are no deaths but tens of thousands are without electricity. it sent customers running for cover. >> he looked out the windows and said there is a tornado coming. i looked out, saw the debris flying around, got everybody and the customers an said, we need to run to the back and everybody huddle down. >> i probably hurt my baby grabbing her running for protection. there was no time. >> reporter: the twister was from a massive storm that stretched across the nation. earlier, a tor
south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city...
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Jan 1, 2013
01/13
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earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we do things around here, but i think we've done some good for the country. >> this is what the deal means for you and your family. bush era tax cuts extended for individuals earning less than $400,000 a year, and couples earning less than $450,000. unemployment benefits extended for a year for 2 million americans and a permanent adjustment for inflation, for the alternative minimum tax. a pretty big deal. wondering about spending cuts, keep wondering, lawmakers deferred. they will fight over those cuts over the next two months, probably again and again and again. despite the progress o
earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we...
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Jan 1, 2013
01/13
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after this morning's vote on the fiscal cliff, outgoing texas senator kay bailey hutchison tweeted this at 2:43 a.m. i just cast my last vote in the u.s. senate. it has been an honor to serve in the greatest nation on theers. >>> the term fiscal cliff, i tried getting it banned, is at the top of the 38th annual list of words to be banished by lake superior state university. others on the list of unliked words? double down. plus spoiler alert. trending and guru. and a new petition has been started on the white house website calling for an end to stupid petitions. it says, white house petitions are being gamed to the point of absurdity and maybe it's time for the petition to end all petitions. meaning this one. and that's your morning dish of "scrambled politics." >>> let me get you out the door or sit on your couch to enjoy your plans for later in the day. i know last night it was freezing cold in the northern plains. painfully cold in areas like fargo, indianapolis. a lot of people probably decided to stay indoors. it's going to be that way all day. look at kansas city, denver, chicago.
after this morning's vote on the fiscal cliff, outgoing texas senator kay bailey hutchison tweeted this at 2:43 a.m. i just cast my last vote in the u.s. senate. it has been an honor to serve in the greatest nation on theers. >>> the term fiscal cliff, i tried getting it banned, is at the top of the 38th annual list of words to be banished by lake superior state university. others on the list of unliked words? double down. plus spoiler alert. trending and guru. and a new petition has...
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Dec 28, 2012
12/12
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good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in "the washington post.' " wayne from alabama. caller: good morning. we're here because the democrats. the democrats signed the bill that put this into action a year ago. it sounds like a two-thirds majority vote of democrats and republicans. everybody wants to point the finger at republicans. do not want to change. it is kind of strange. i think the democrats are getting what they want. they are getting tax increases. the questions are posed here. c-span files in line with what the democrats want. you are asking what we would give up. you are asking the givers. this is all politics. the democrats wanted this. they pass the bush-era tax cuts. if we go over the physical cliff, it is because d
good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in "the washington post.' " wayne from alabama. caller: good morning. we're here because the democrats....
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Dec 27, 2012
12/12
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speech or morning statement about issues regarding the fiscal cliff. you can go to c-span2 can watch that. they're coming in at 10:00 a.m. this morning. the house is coming in at 2:00 p.m.. did not have an agenda. coming in to be here and just in case, et cetera. they will be coming in and probably be in session for a short time and then go out. you could keep updated on our web site at c-span.org. another four day weekend on "booktv" and "american history tv" starting saturday running all the way till tuesday. "booktv" is on c-span2. four-day weekends there. you can tune in and find those schedules on our web site as well. thanks for being with us. enjoy your holiday weekend. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> both the house and senate to gavel in today. the senate starting its they momentarily for work on two bills, to extend provisions of the foren
speech or morning statement about issues regarding the fiscal cliff. you can go to c-span2 can watch that. they're coming in at 10:00 a.m. this morning. the house is coming in at 2:00 p.m.. did not have an agenda. coming in to be here and just in case, et cetera. they will be coming in and probably be in session for a short time and then go out. you could keep updated on our web site at c-span.org. another four day weekend on "booktv" and "american history tv" starting...
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Dec 31, 2012
12/12
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cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority is make sure taxes on middle class families don't go up to hurt the economy badly. >> reporter: optimism about a deal over the weekend, when the republican leader in the senate made an offer, that all ended when senate majority leader said he couldn't present a counter proposal, in a hail mary, he phoned for help. >> i placed a call to the vice president to see if he could jump start the negotiations on his side. i'm willing to get this done. i need a dance partner. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two partys remain at odds over the automatic across the board cuts to government programs and defense
cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority is make sure taxes on middle class families don't go up to hurt the economy badly. >> reporter: optimism about a deal over the weekend, when the republican...
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Dec 26, 2012
12/12
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president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas. the latest from alabama. >> reporter: oh, wow. oh, jesus, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for. a tornado caught on video as it touched down right this city center. emergency management officials say the twister left lots of damage in its wake blowing out first and second floor windows at the mobile infirmary medical center and the roof at the high school. so far no injuries or death, but wit trees and power lines down tens of thousands are without electricity. one store sent customers scrambling for cover. >> one customer looked out the window and said t
president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas....
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Jan 1, 2013
01/13
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we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises that it will pass. this morning both parties say more work needs to be done. >> i'm disappointed that we weren't able to make the grand bargain as we have tried to do for so long, but we tried. if we do nothing, the threat of recession is very real. >> we have done some good for the country. we have taken care of the revenue side of this debate. and now it's time to get serious about reducing washington's out of control spending. that's a debate the american people want and it's the debate we'll have next and it's a debate republicans are ready for. >> we're covering all the angl
we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises...
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Dec 30, 2012
12/12
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a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax hikes, setting the stage for a high wire a final act of fiscal cliff negotiating just two days before the country is hit with a series of tough austerity measures. -- that again is from politico this morning. you're getting your thoughts, and we want to hear your message to congress on the fiscal cliff negotiations. the politico story mentioned what was happening on saturday evening on capitol hill. here is the washington post -- the washington post also offers a handy time line of what is set to happen today in the countdown to the cliff. at 1:00 p.m., the senate is set to reconvene. at 2:00 p.m., the house reopens. -- to
a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax...
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Jan 1, 2013
01/13
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speaker, the house passed a fiscal cliff bill this morning without time for senators to adequately consider it. and more importantly without giving the american people time to understand it and share their incite with congress. senator mitch mcconnell said, quote, this shouldn't be the model for how we do things, end quote. and the senate boasts it is america's deliberative body. today that claim rings hollow. mr. speaker, the house must postpone this vote until the american people have time to evaluate this extraordinary complex legislation around its impact on taxes, revenue, the economy, our debt and a myriad of other issues. it is better to get it right than to act in haste. mr. speaker, if we vote on the senate fiscal cliff bill today, i will vote against it because this is not the way to do the people's business. i will not condone with my vote a process that denies the american people an opportunity to participate in their republic on issues of this magnitude. mr. speaker, i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from orego
speaker, the house passed a fiscal cliff bill this morning without time for senators to adequately consider it. and more importantly without giving the american people time to understand it and share their incite with congress. senator mitch mcconnell said, quote, this shouldn't be the model for how we do things, end quote. and the senate boasts it is america's deliberative body. today that claim rings hollow. mr. speaker, the house must postpone this vote until the american people have time to...
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Dec 27, 2012
12/12
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it looks like we are getting to the edge of the -- closer to the edge of the fiscal cliff. >>> you can wrap up the gambling then come home and watch "good morning maryland." beginning today, maryland live casino will open their doors at 8:00 a.m. and they will never shut again. 24/7 gambling. beginning on this thursday, december 27th. "good morning maryland." >>> i'm charlie crowson. >> and i'm megan pringle. >> thank you for joining us on this thursday morning. we're going to head out live to the casino later on but in the meantime headed anywhere you need to know how the weather is going to be. here's meteorologist mike masco. >> you think linda is gambling this morning? >> absolutely. yes. >> 41 in town but outside the beltway. 36 timonium and bel air good morning to you. 35. it's a chilly morning and we do have a coastal flood advisory so fort mchenry tunnel just some minor flooding right now. port deposit near havre de grace minor flooding. so just know if you live in an area prone to bay flooding you might want to move things the higher ground. the second story this morning will
it looks like we are getting to the edge of the -- closer to the edge of the fiscal cliff. >>> you can wrap up the gambling then come home and watch "good morning maryland." beginning today, maryland live casino will open their doors at 8:00 a.m. and they will never shut again. 24/7 gambling. beginning on this thursday, december 27th. "good morning maryland." >>> i'm charlie crowson. >> and i'm megan pringle. >> thank you for joining us on this...
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Dec 26, 2012
12/12
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>> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by early january definitely a possibility. the economic impact should be minim minimal. if one comes later than that the damage to the economy is already done and you will see more talk of recession and analysts started cutting the earnings growth in the fourth quarter. >> one thing they don't like is uncertainty. apple released a new product and there will be another new product. >> now that you got them under the christmas tree. a man who has been right predicting apple products before a 5th generation ipad will look like the mini but some what thinner narrower and shorter than a regular ipad so not as small. apple is working on another generation of the ipad mini. it could be two new products. >> we could have just wasted our money at christmastime. >> sales were down from what was expected. >> yeah, the holiday shopping season a disappoin
>> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by early january definitely a possibility. the economic impact should be minim minimal. if one comes later than that the damage to the economy is already done and you will see more talk of recession and analysts started cutting the earnings growth in the fourth quarter. >> one thing they don't...
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Dec 26, 2012
12/12
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to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards. the event is usually held in may but was changed to today in response to the connecticut school shootings nearly two weeks ago. we'll talk about that
to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in...
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Dec 28, 2012
12/12
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minding your business this morning, the impending fiscal cliff creating plenty of jitters on wall street despite the fact that congressional leaders are meeting with the president today to try to hammer out a last-minute deal. the dow, nasdaq and s&p 500 futures all pointing lower this hour signaling a potential selloff at the opening bell. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their union can't reach a deal with major shipping companies. these are the workers who move goods from the nation's ports to the stores. >> everybody from your mom and pop retailer to your farmer, to the trucking company who has go in and pick up the containers at the ports. this will be felt not just at the local economy, but nationwide for everybody else who relies on these ports. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo a month so a strike could have a major effect on the retail business. >>> land lines not going the way of the vcr just yet. older ameri
minding your business this morning, the impending fiscal cliff creating plenty of jitters on wall street despite the fact that congressional leaders are meeting with the president today to try to hammer out a last-minute deal. the dow, nasdaq and s&p 500 futures all pointing lower this hour signaling a potential selloff at the opening bell. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their...
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Dec 24, 2012
12/12
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cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in $14 million. duarte? >> thank you, erica ferrari, here in new york. >>> in sports the seahawks put a damper on the 49ers' plan of winning the midwest. they have a field goal block. it's scooped up by the seahawks richard sherman who brings it back to 90 yards for a touchdown. seattle blows out san fran, 42-13. >>> and the baltimore ravens are the champions of the afc north. the ravens get on the board first with a touchdown grab by tore are smith. baltimore passes the giants for a 33-14 win. when we return, the holiday hit a high note. audiences around the world take part at an annual sing-a-long of
cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in $14 million. duarte? >> thank you, erica ferrari, here...
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Dec 31, 2012
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caller: good morning. we're getting ready to go over the fiscal cliff today. how do we stop the various players by increasing our overloaded military budget and at the same time keep america safe? we have not had anything happen /11.merica since 9 and 1 how do we move forward and the be reasonable about the budgetary issues and still keep america safe and home? guest: but an excellent question. articles that i wrote in foreign affairs magazine in november/december issue discusses the new paradigm of relying on these special operations forces ability to work with other countries forces. that is a much more cost- effective way of the u.s. looking to regarded as national security interests but also help these countries deal with their own problems so that they don't become direct threats to the u.s. i looked at two specific examples, colombia and latin america, the philippines in asia. where these forces working with the philippines and colombians over number of years were able to really address those security threats successfully. i think there's a large consens
caller: good morning. we're getting ready to go over the fiscal cliff today. how do we stop the various players by increasing our overloaded military budget and at the same time keep america safe? we have not had anything happen /11.merica since 9 and 1 how do we move forward and the be reasonable about the budgetary issues and still keep america safe and home? guest: but an excellent question. articles that i wrote in foreign affairs magazine in november/december issue discusses the new...
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Jan 1, 2013
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cliff deal that was approved by the senate very early this morning. we're waiting for word on when the house will meet on the fiscal cliff deal or whether house republicans might try to change it. the white house, of course, keeping a close watch on developments. in fact, we just learned that the vice president has arrived into the democratic meeting. nbc's mike mccara is live at the white house for us. what's the expectation there? >> i think that white house officials are relatively confident that this is going -- that this thing is going to go through the house of representatives, and that is really a remarkable development in and of itself, chris, when you consider the fact that it was just ten days ago when the speaker of the houshgs john boehner, put that bill on the floor, plan b, that would have raised taxes on all individuals making more than $1 million. we know what happened. it crashed and burned. things punted to the senate, bringing us to the point we are today. now that threshold has moved considerably lower. it is considerably higher th
cliff deal that was approved by the senate very early this morning. we're waiting for word on when the house will meet on the fiscal cliff deal or whether house republicans might try to change it. the white house, of course, keeping a close watch on developments. in fact, we just learned that the vice president has arrived into the democratic meeting. nbc's mike mccara is live at the white house for us. what's the expectation there? >> i think that white house officials are relatively...
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Dec 27, 2012
12/12
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fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue into the evening hours. satellite and radar pictures look like mainly active whether it has shifted too our east. we are dry for now but we have changes to talk about as another storm is headed in our direction. i will break down full details and walk you through future cast four and my next report. >> it continues to be a pretty good ride even though we had a few minor incidents on the peninsula. they have cleared up now and the bay bridge ride and has a light traffic and no meat during lights. the quick check commute shows we're dealing with much much lighter than
fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue...
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Dec 30, 2012
12/12
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CSPAN
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as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could not take the lead. it is important to state that while the official deadline is december 31. they can continue to work until the new congress on january 3. we have more like three days for them to get something together. host: are we going over the cliff? what does it mean if we do? guest: in some sense, we're going over the cliff even if they reach a deal. when you look at the deal they have been talking about, there will still be a lot left for future decision making. even if they are able to extend tax cuts for the middle class and do not do much of anything else, you still have the haphazard dealmaking not touching any of the issues the parties said they were concerned about leading into the fiscal cliff. the payroll tax cut is going to expire. no one is talking about extending that. that is the one that gives the b
as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could not take the lead. it is important to state that while the official deadline is december 31. they can continue to work until the new congress on january 3. we have more like three days for them to get something together. host: are we going...
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Dec 24, 2012
12/12
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the fiscal cliff is scaring investors. stocks sank friday as the economy inches closer to going over the edge. the dow was down 120 points. the nasdaq down 29. the s&p slipped 13 and a half points. >>> the stock market is on track, though, for its fourth straight year of gains. the dow is up overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the stock market is closed tomorrow for the christmas break. there will still be plenty of economic reports to sift through this week, including the latest on home prices and sales, consumer confidence and jobless claims. >>> it's not only investors but washington's failure to agree on a budget is affecting everyday americans' confidence about their finances. the university of michigan says its consumer sentiment index for december fell sharply from november's five-year high. more than one in four people surveyed cited concerns about higher taxes. >>> these are definitely the times we need comfort food the most. thank goodness twinkies, wonder bread and devil dog
the fiscal cliff is scaring investors. stocks sank friday as the economy inches closer to going over the edge. the dow was down 120 points. the nasdaq down 29. the s&p slipped 13 and a half points. >>> the stock market is on track, though, for its fourth straight year of gains. the dow is up overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the stock market is closed tomorrow for the christmas break. there will still be plenty of economic reports to sift...
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Dec 24, 2012
12/12
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fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. th
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will...
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Dec 26, 2012
12/12
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KRON
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the dow is up by 23 points as we continue to see what happens as we get closer to the fiscal cliff. >> we are also watching gas prices across the bay area. the average gas price for a gallon of regular gas is $3.60 in san francisco this morning. in the south bay the price is $3.48 today in san jose. across the bay in oakland the average is $3.49. this all compares to the state average in california at $3.52. >> starbucks is launching a politician's campaign this week in hopes that will get the ball rolling on averting the fiscal cliff. in a letter to star birks employees made public this morning, chief executive howard s \cc chultz next employees that is approximately 120 d.c. area stores to write come together on coffee cups on serving customers tomorrow and friday. starbucks plans to buy as in washington post and the new york times later in the week as part of its come together campaign. >> rumors that a second generation ipad mini with eight right now display is set to lions ahead of apple's typical annual schedule that share have been swirling. now it appears that apple's full- si
the dow is up by 23 points as we continue to see what happens as we get closer to the fiscal cliff. >> we are also watching gas prices across the bay area. the average gas price for a gallon of regular gas is $3.60 in san francisco this morning. in the south bay the price is $3.48 today in san jose. across the bay in oakland the average is $3.49. this all compares to the state average in california at $3.52. >> starbucks is launching a politician's campaign this week in hopes that...
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Dec 24, 2012
12/12
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in fact, i was raiding a report this morning that the fiscal cliff has hit for many businesses because they're having to finalize their payrolls for 2013. what are you hearing to the leaders that you're talking to? >> i call it a curve and i think it's not as big a deal as a lot of other people think because ultimately something is going to happen. and what should happen is no plan b. for plan b to go is crazy. and they should go for the big plan or no plan whatsoever because what's going to happen is taxes will go up and then all of these republicans that signed the so-called pledge are going to be able to reduce taxes, and therefore, they haven't violated their pledge because they'll be reducing taxes. not increasing them. a deal will be made. but it's got to be the right deal. regardless of cliff or curve, it's got to be the right deal. we have to get this country back on track. and it is just so incredible what is taking place. i've been watching this and you've been watching it and been reporting on it very well for years. this isn't just something that's taking place now. this ha
in fact, i was raiding a report this morning that the fiscal cliff has hit for many businesses because they're having to finalize their payrolls for 2013. what are you hearing to the leaders that you're talking to? >> i call it a curve and i think it's not as big a deal as a lot of other people think because ultimately something is going to happen. and what should happen is no plan b. for plan b to go is crazy. and they should go for the big plan or no plan whatsoever because what's going...
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Dec 31, 2012
12/12
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this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top diplomat. this morning secretary of state hillary clinton is waking up now in a new york hospital. she is being treated for a blood clot that formed after her fall and concussion that happened a few weeks ago. want to bring in dr. sanjay gupta, our chief medical correspondent. sanjay, explain this for us because, first of all, when you think about it, she developed this blood clot related to a concussion. you would think maybe the clot formed in the brain, but that's not necessarily the case. >> no, it's not necessarily the case. and i think saying it's related to the concussion, that may be
this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top...
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Jan 1, 2013
01/13
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WUSA
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maybe they should join spending anonymous. >> fiscal cliff frustration. the fate of your next paycheck sits with the house of representatives. the senate passed a bill early this morning, but the house republicans, including the majority leader say that they need to see more spending cuts on the table. vice president joe biden is trying to broker a deal in the house the same way he did in the senate. reporter danielle nottingham with more. >> reporter: house gop members left closed
maybe they should join spending anonymous. >> fiscal cliff frustration. the fate of your next paycheck sits with the house of representatives. the senate passed a bill early this morning, but the house republicans, including the majority leader say that they need to see more spending cuts on the table. vice president joe biden is trying to broker a deal in the house the same way he did in the senate. reporter danielle nottingham with more. >> reporter: house gop members left closed
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Dec 26, 2012
12/12
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WBAL
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cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visit
cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand...
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Dec 31, 2012
12/12
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time for a look at who is talking and the fiscal cliff negotiations that's what president obama is talking about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a comprehensive package let's at minimum make sure people's taxes don't go up and 2 million people don't lose unemployment insurance. i was optimistic yesterday but we don't see an agreement now the pressure is on congress to produce. if they don't what i have said is in the senate we should introduce legislation that would make sure middle class taxes stay where they are. >> donald trump will react to the current state of the negotiations at 7:00 a.m. eastern. >>> time now for your 5@5:00. the top five stories making news at this hour and a fox news alert. she was supposed to be back on the job this week but hillary c
time for a look at who is talking and the fiscal cliff negotiations that's what president obama is talking about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a...
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Dec 29, 2012
12/12
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cliff. it's a cliff that the lawmakers built. they've set the tuesday deadline, they've known it was coming for more it and a year. but until now they've done little to agree on tax increases on tax cuts until that time. people in this building have none what's coming on tuesday yet they're only returning to get back to work just now. senate came back yesterday. house members, well, they won't be back until sunday. this afternoon house on senate leaders met with president obama at the white house. they talked for about an hour. afterwards president obama said he was modestly optimistic. bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill
cliff. it's a cliff that the lawmakers built. they've set the tuesday deadline, they've known it was coming for more it and a year. but until now they've done little to agree on tax increases on tax cuts until that time. people in this building have none what's coming on tuesday yet they're only returning to get back to work just now. senate came back yesterday. house members, well, they won't be back until sunday. this afternoon house on senate leaders met with president obama at the white...
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Dec 28, 2012
12/12
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. >> the clock is ticking on the fiscal cliff. now the deadline is four days away. tracy mitchell joins us live with the very latest. good morning. is there any progress? >> i was hoping there would be a breakthrough. the president will be meeting with congressional lawmakers hoping to work out a deal. just days before the deadline, the president is calling congressional plead this to the white house. >> i do not know how it can happen now. >> each side is challenging the other side to act first. >> just because we find ourselves at the edge of the cliff. >> lawmakers in the house are heading back for a rare sunday evening session to focus on the cliff. >> i would hope we come back and reach compromise which has been so difficult to do. >> without a deal, the government will spend less. that could throw less into another recession. fears of going over the fiscal cliff have cost consumer confidence to tumble. >> i think if we get to january 2 and see the markets start to go down and constituents getting anxious and you'll see congress come to a deal and a lot quicker
. >> the clock is ticking on the fiscal cliff. now the deadline is four days away. tracy mitchell joins us live with the very latest. good morning. is there any progress? >> i was hoping there would be a breakthrough. the president will be meeting with congressional lawmakers hoping to work out a deal. just days before the deadline, the president is calling congressional plead this to the white house. >> i do not know how it can happen now. >> each side is challenging...
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Dec 28, 2012
12/12
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CNBC
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in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's cargo. the union contract prior one expired back in september. a 90-day extension ends this sunday. and a judge best known for his involvement in insider trading cases is handed down a ruling in a very different type of case. you know this guy? judge rakoff has reaffirmed that sly stallone did not copy someone else's screenplay for his 2010 movie "the expendables." he basically copied his rocky screen play from somebody else -- no, that's a joke. he didn't do that. i could probably get in trouble for saying that. >> we should have him on. >> i don't know, can judges come on tv? >> i don't think so. >> s
in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's...
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Dec 26, 2012
12/12
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WBAL
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will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobile, alabama, late tuesday afternoon, a tornado touched
will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning,...
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Dec 28, 2012
12/12
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not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in the andes mountains in peru where i trek every june. a lot to worry about as we go into the new year. want to touch on some movers in today's session. check out hp confirming the justice department is looking into allegations that autonomy engaged in some questionable accounting practices before hp acquired it last year. this was huge news
not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in...
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Dec 28, 2012
12/12
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WBAL
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new hope for a deal to avoid going off the fiscal cliff. if president obama will meet with congressional leaders later today. danielle leigh is in washington with more on the rush for a deal. >> president obama and congressional leaders need to make progress, and today's last met afternoon meeting at the white house could be a final opportunity. >> mcconnell seemed to give an indication that maybe, just maybe, the president might make a new offer giving -- getting toward the 11th-hour. >> off without a deal that cuts of the debt, taxes will go up on every worker next week. the extension to of unemployment benefits expires and deep spending cuts set in, threatening another recession. >> it really upsets me because the government is a blow to be working for the people and i don't see that. >> despite what is at stake, senators came back early only to engage in another round of bickering. >> republicans have bent over backwards. we stepped way, way out of our comfort zone. >> we wanted an agreement. but we had no takers. >> we are in the same
new hope for a deal to avoid going off the fiscal cliff. if president obama will meet with congressional leaders later today. danielle leigh is in washington with more on the rush for a deal. >> president obama and congressional leaders need to make progress, and today's last met afternoon meeting at the white house could be a final opportunity. >> mcconnell seemed to give an indication that maybe, just maybe, the president might make a new offer giving -- getting toward the...
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Dec 30, 2012
12/12
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. >> with less than two days to go until the fiscal cliff negotiations have hit a major setback. the senate is in session but after 516 days congress has not been able to make a deal. this morning in an exclusive interview president obama said compromise will be a key to making a deal. >> it is very important for republicans in congress to be willing to say we understand we are not going to get 100%. we are willing to compromise in a serious way. >> senate leaders hoped to send a plan right about now. the talks have broken down. listen to what senate leader said on the floor a short while ago. >> now, i'm concerned about the lack of urgency here. i think we all know we are running out of time. this is far too much at stake for political gamesmanship. the consequences of this are too high for the american people to be engaged in a political messaging campaign. i am interested in getting a result here. >> we have been trying to come up with some counteroffer to my friends' proposal. we have been unable to do that. i had have had a conversation with the president and that this stage
. >> with less than two days to go until the fiscal cliff negotiations have hit a major setback. the senate is in session but after 516 days congress has not been able to make a deal. this morning in an exclusive interview president obama said compromise will be a key to making a deal. >> it is very important for republicans in congress to be willing to say we understand we are not going to get 100%. we are willing to compromise in a serious way. >> senate leaders hoped to...
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Dec 29, 2012
12/12
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WBAL
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to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-
to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax...
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Dec 31, 2012
12/12
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on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >> there's not enough revenue in this package to fix the fiscal problems for the country. we're going to be in hand to hand warfare beginning in january with the continuing resolution the debt ceiling to try to deal with spending issues. >> continued uncertainty about tax and spending policies in 2013 could result in another recession. frustration seems to be the operative word tonight. if no fiscal cliff deal is reached, most everyone's taxes will go up tuesday with deep spending cuts kicking in. earlier i spoke with a democratic and republican strategist. they seemed to echo the sentiment of the voters. >> this is l
on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >>...
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Dec 25, 2012
12/12
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the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just release
the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was...
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Dec 27, 2012
12/12
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KPIX
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he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense programs will start to kick in, for
he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a...
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Dec 30, 2012
12/12
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to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect. when the president took to the podium friday afternoon to urge the law enforcements to get their act together with he didn't exactly project confidence. >> this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> this may be why the president also said that if senate leaders can't produ
to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect....
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Dec 29, 2012
12/12
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rosen berg, with the fiscal cliff blooming, do you believe the i.r.s. will be able to calibrate their system at this late of a date and would the debt ceiling debate blooming, could that delay federal refunds? thank you. guest: yes. the question about the i.r.s. is a good one and it is an important one. so it almost is certainly bound to complicate the filing season. i think already the i.r.s. has said that they are -- they have not released updated withholding tables for winner to. -- 2013. what that means is employers will use the withholding tables for federal income tax. but if a deal is made or no deal is made, that's going to have to change and at some point, employers will have to change their federal income tax withholding amount. i mentioned with the alternative minute 34u78 tax, that will -- minimum tax, that will complicate the season. i think the i.r.s. has said as many as 70 million tax filers could be subject to delays if the a.m.t. is not patched for 2012. host: antonio in nashville, tennessee. you're on the "washington journal." go ahead
rosen berg, with the fiscal cliff blooming, do you believe the i.r.s. will be able to calibrate their system at this late of a date and would the debt ceiling debate blooming, could that delay federal refunds? thank you. guest: yes. the question about the i.r.s. is a good one and it is an important one. so it almost is certainly bound to complicate the filing season. i think already the i.r.s. has said that they are -- they have not released updated withholding tables for winner to. -- 2013....
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Jan 1, 2013
01/13
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this morning when the senate finally passed this historic measure, which puts the fiscal cliff behind us, if the house of representatives passes it as well. i hope they take it up today and pass it with the same bipartisan spirit we saw in the senate today. it was a significant vote and emotional for several reasons. several of our colleagues were casting their final vote as a united states senators. we wish them the best. it was also a vote of high emotion because i cannot think of another vote in recent time the american people followed so closely. i cannot think of a time i have been on an airplane or a restaurant without somebody coming up to me in asking what was going to happen. they were concerned, as they should have been. this has finally mobilized on a bipartisan basis a majority to pass this measure in the senate. the president has shown extraordinary leadership on this. he thought about a long and hard, left his family vacation to come back to washington and try to put together a solution to this fiscal crisis. he was successful in the senate, and i hope he will be in the
this morning when the senate finally passed this historic measure, which puts the fiscal cliff behind us, if the house of representatives passes it as well. i hope they take it up today and pass it with the same bipartisan spirit we saw in the senate today. it was a significant vote and emotional for several reasons. several of our colleagues were casting their final vote as a united states senators. we wish them the best. it was also a vote of high emotion because i cannot think of another...
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Dec 24, 2012
12/12
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alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time,...
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Jan 1, 2013
01/13
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you are up first, as the senate early this morning approved the deal on the so-called fiscal cliff. caller: happy new year. i think it is a good deal the democrats got, but i am worried on the second dell as they want to put social security on the line. it does nothing to do with the deficit. our taxes paid into social security. it has nothing to do with debt. i do not know why the republicans -- the republicans have been trying to get rid of social security for 70 years now and have not gotten it done. they want to take the money and give congress a raise. they want to take people's social security money and give congress a raise and what are they doing? nothing. then they want to take money and give it to the pentagon. they put all of the money into these outfits, but they want to cut social security. host: john, ap reported this morning that officials decided to use the measure to prevent the pay raise for lawmakers. i want to let you know that, and also, if you are concerned about social security on the table in what is called round two after the 113th congress convenes, which h
you are up first, as the senate early this morning approved the deal on the so-called fiscal cliff. caller: happy new year. i think it is a good deal the democrats got, but i am worried on the second dell as they want to put social security on the line. it does nothing to do with the deficit. our taxes paid into social security. it has nothing to do with debt. i do not know why the republicans -- the republicans have been trying to get rid of social security for 70 years now and have not gotten...